Editor’s note: “Behind the News” is the product of Sun staff assisted by the Sun’s AI lab, which includes a variety of tools such as Anthropic’s Claude, Perplexity AI, Google Gemini and ChatGPT.

DraftKings Inc. announced its formal entry into the prediction markets with DraftKings Predictions. The launch is a response to increasing prediction market competition. The launch expands DKNG's ...

DraftKings (DKNG) posted a $256.8M net loss in Q3 despite $1.14B in revenue. Analysts cut DraftKings price targets by 18% to 22% citing rising competitive threat from prediction markets. DraftKings ...

DraftKings (DKNG) is downgraded to a sell rating after a disappointing Q3 earnings report and a 20% year-to-date stock decline. DKNG's valuation remains stretched at 31x FY25 adjusted EBITDA, despite ...

The betting stock is mired in a lengthy slump. It's become a battleground of prediction market concern and football wagering woes. A case can be made the repudiation of DraftKings has been too harsh.

DraftKings has unveiled a new standalone app for real-money prediction markets, becoming the latest major player to enter a field that includes crypto-native platforms like Polymarket and Robinhood’s ...

Sophie Atkinson is a UK-based journalist and content writer, as well as a founder of a content agency which focuses on storytelling through social media… DraftKings has stuck true to its word, as it ...

DraftKings Inc. (NASDAQ: DKNG) traded flat Tuesday after unveiling major product and market expansion plans across North America. DraftKings introduced a full Spanish version inside its Sportsbook and ...